670 Sequoia, Morro Bay, CA 93442 - SC1068102 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$1,250,000 $5.31 per sqft

Free Professional CMA

Listing ID : SC1068102

  • Lot Size

    5 Acre

Description

Image this 5-acre parcel being improved with a custom home, barn, shop, and white rail fencing on the lot lines. Your estate can be seen for miles when driving up or down the coast or from the air. This unique parcel is the remaining part of the Sequoia Ct tract of ten half-acre lots, and custom homes that average over 3000 sq ft in size. The entire subdivision is outside of the Coastal Commission Zone, but inside the City Limits and includes all city services and all public utilities. The subdivision is very private, and wildlife of deer, quail, rabbits, hawks, and Monarch butterflies abound. The ocean views are unobstructed. There are no HOA monthly dues or road maintenance. This is a flag lot, which from the air looked like an arrowhead. All four corners are staked, and a building pad is roughed in. A copy of the CC&Rs and the original soil report from Geo-Solutions is attached as a supplement. The Buyer will need to negotiate a fee directly with Geo Solutions to upgrade the reports when applying for a building permit. However, the fee will be less costly than the original reports. The original developer controls the CC&Rs and will allow the ADU unit. With an updated soil report and a full set of house plans, you should be able to secure a building permit within 6 to 9 months. You also have the option to add a separate ADU "accessory dwelling unit" for Mom and Dad. Call your contractor today.

Details

Type: Land Sale 
County: San Luis Obispo 
Tax ID: 065149022
Days on Market: 2,422 
Property Type: Land Sale 
Sub Type: Unimproved Land 
Zoning: RAG 

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Interactive

35.39769 -120.854721 $1,250,000 SC1068102
670 Sequoia, Morro Bay, CA 93442
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Area Information 93442

Population:

11,727 Up .06% since 2010
Average Income:
$103,898
Average Age:
52Years
Gender:
48.96%Male
51.04%Female
Households:
5,56216.97% with children
Average Value:
$994,826
Occupancy:
54.55%Owned
45.45%Rented
23.39%Vacant
Education:
16.63%High School
13.14%Associate
23.81%Bachelor
15.7%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
20.47Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average

Tax Assessments

Value

  • Land $120,242
  • Improvements -

  • Total $120,242

Property Tax

  • 2022 $1,272

History

Date Transaction Price Mortgage Amt & Lender
Date
Jun 09, 2022
Transaction
Active - LandSC1068102
Price
$1,250,000
Mortgage Amt & Lender
- -
Date
May 27, 2022
Transaction
Sold - LandSC1071757
Price
$480,000
Mortgage Amt & Lender
- -
Date
Nov 27, 2021
Transaction
Expired - LandSC985996
Price
$349,000
Mortgage Amt & Lender
- -
Date
Jun 06, 2021
Transaction
Expired - LandSC1055091
Price
$1,250,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Jack Franklin with Franklin Real Estate & Rentals